Skip to main content

About your Search

20121210
20121210
STATION
FBC 9
CNBC 6
CNNW 4
CNN 3
KGO (ABC) 3
KTVU (FOX) 3
MSNBC 3
MSNBCW 3
KPIX (CBS) 2
CSPAN 1
CSPAN2 1
KCSM (PBS) 1
KQED (PBS) 1
( more )
LANGUAGE
English 50
Search Results 0 to 49 of about 50 (some duplicates have been removed)
ABC
Dec 9, 2012 11:35pm EST
republicans must do more than simply avoid the fiscal cliff to get america pause economy growing again. >> there is still the degree of uncertainty. investors, entrepreneurs households, are not making decisions because they do not know what tomorrow will be. >> but washington's top republican leader, house speaker john boehner, complains there has been no progress in avoiding even immediate crisis. >> when it comes to the fiscal cliff disrupting our economy and threaten jobs, the white house has wasted another week. >> democrats shona signs of backing off from supporting the president's hard-line stance on raising the income tax rate on the rich. >> we realize there have to be two sets to the bargain, but we are not going to go back to what we did in 2011 putting both revenues and cuts on the table. >> despite the impasse in washington promising signs the economy might be improving -- more job creation, improvement in the housing sector, and a decrease in household debt. solution -- spending cuts combined with an increase in tax revenue. >> talks about the fiscal cliff and the meeting
KRON
Dec 9, 2012 11:00pm PST
do more than avoid the fiscal cliff to get america's economy growing again. >> there is still the degree of uncertainty that prevents investors from making decisions. >> reporter: but washington's top republican leader speaker of the house john boehner explains there has been no progress. >> when it comes to the fiscal cliff that is threatening the economy and the jobs the white house wasted another week. >> reporter: democrats show no signs of backing off from sporting the president on raising the income tax on the rich. >> there has to be two sides to the bargain but we are not going to go back to 2011, put revenues and cuts on the table. >> reporter: but despite the impasse in washington, he sees signs the economy is improving. for the fiscal cliff she represent as balanced solution. spending cuts and a increase in taxes. kron 4 news. >>> we have clear skies out there across the bay area on this sunday evening after a spectacular weekend. it was cool on saturday. it was foggy but today just an "a" plus day. sunshine. temperatures in the 60s and 70s. and even right now, san
ABC
Dec 9, 2012 5:00pm PST
simply avoid the fiscal cliff to get america's economy growing again. >> still have up certain that -- uncertainty that fuels doubts, stops people from making decision. >> bud washington's top leader, house speaker john boehner, says there has been little progress. >> when it comes to the fiscal cliff threatening our economy and threatening jobs, the white house has wasted another week. >> democrats show no signs of backing off from supporting the president's hard-line stance on raising the incomes tax rate for the rich. >> we democrats realize there have to about two sides to the bargain, but in 2011 we put both revenues and cuts on the table. >> but one republican senator revealed this week that tax increases might help solve america's debt crisis. so far the g.o.p. has stood imeps raising taxes. >> what we ought to be working on is the other 93%, because if you want to do what he wants on tax rates, you affect% of the deficit. we have spent ourselves into a hole and we're not going to raise taxes and borrow money and get out of it. so, will i accept a tax increase as a part
CNBC
Dec 9, 2012 7:30pm EST
after they leave the theaters. the fiscal cliff and jobs numbers and state of the economy. who better to talk about all of that than robert reich, former secretary of labor in the clinton administration and current economics professor at the university of california at berkeley. good to see you. thanks so much for joining us. >> how are you? >> let's talk about these numbers on friday, the surprisingly strong jobs numbers. 146,000 new jobs created. the unemployment rate dropping to 7.7%. we were expecting some impact from the super storm sandy in earlier thanksgiving. what do the numbers say about the economy? >> apparently we are still struggling. these are not hugely wonderful numbers but undoubtedly we're moving in the right direction. the early thanksgiving may have canceled out negative effects of sandy. sandy really did not have much of an effect in november. >> interesting -- do you think we'll see revisions next month? >> we probably will. every month we're seeing revisions and so far they have been downward. the revisions we saw friday for october and september, were both dow
FOX
Dec 9, 2012 5:00pm PST
immediate crisis. >> when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: democrats show no signs of backing off from supporting the president' hard line stance on raising the income tax rate on the rich. >> we democrats realize there has to be two sides to this bargain, but we're not going to go back to what bewy did in 2011. we put both revenues and cuts on the table. >> reporter: but despite the impasse in washington, the director sees promising signs that the economy may be improving. for the fiscal crisis she recommended a balanced solution, spending cuts combined with an increase in tax revenue. el geth corridan, kutv charles. >>> quarter of an inch assembly leaders say there is no plan to end a controversial practice of changing voteds after a bill passes or fails. half of those sworn into the assembly are new to the job and the associated press reports that during the past session assembly members changed their votes more than 5,000 times. the practice does not affect the outcome of a bill, but
FOX Business
Dec 9, 2012 11:00pm EST
the president is slow walking our economy to the fiscal cliff. former reagan white house counsel, financial crisis inquiry commission member peter wallace will join me here in just moments. let's take a look at tonight's "moneyline." the dow and &p managing gains. the nasdaq weighed down by another bad day for apple and its investors. the dow up 81 points. s&p up four, the nasdaq fell leaven. just over 3 billion shares traded on the big board today. the dow up 1%, s&p ligly higher making three straight weeks of wins. the nasdaq down 1% for its first losing week of the past three. apple investors are having a rough time with the dow down. the stockdown 9 percent this week. but even with that selling, the stock remai up 30% year-to-date. wall street analts say much of the selling can be explained by investors looking to avoid possibly having to pay gains on the sale of that stock at a higher rate next year. others simply taking profits. financial stocks strong. today j.p. morgan chase led the weight. news that it is expanding the numbers of its branch offices. research shows consumers have to
FOX News
Dec 10, 2012 3:00pm PST
to yourself. >> bret: we had 22 days before the economy goes over the so-called fiscal cliff. it's more than three weeks. that might seem like a lot of time. chief congressional correspondent mike emanuel tells us tonight it really isn't. >> time is running out to keep the u.s. economy from going off the fiscal cliff in the new year. in fact, most experts believe a framework deal must be reac reached this week, most likely by thursday to give the house, ways and means and the senate finance committee several days to work the deal to legislative language. since it will be complex, likely to increase re-knew and cut entitlement spending if the lawmakers want a cost estimate with nonpartisan numbers from the congressional budget office, it would require several more days. the house g.o.p. requires that the bill be posted for parts of three days which means early next week in order for votes by the end of next week. veterans of past capital hill battles note the whip operation convincing lawmakers to vote for the legislation they barely seen will be critical. >> likely that both sides, the presi
MSNBC
Dec 9, 2012 11:00pm PST
to the fiscal cliff, this threatening of our economy and threatening jobs, the white house has wasted another week. the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> so here's my sense, congressman mccarthy. why in the minds of republicans aren't they processing it this way? look, president, we'll give you what you want on rates. let them go up. but we have to get something in return. big cuts in the medicare program, and we're willing to make a deal. is that essentially the thinking of speaker boehner at this point? >> the president wants the rates to go up, that doesn't solve the problem and we don't want to be back here in another year or 10 years answering the same question. but right after the election, we sent a plan to the president where we gave revenues but looking for spending cuts. and he took three weeks to come back to us. he has gone on still on the campaign trail, still working through. but you hav
FOX Business
Dec 9, 2012 10:00pm EST
. >> this is in the progress report because there is no progress to report. when it comes to the fiscal cliff that is turning our economy and jobs, the white hhuse is wasted another week. gerri: what do you say? we wasted another week. we seem to be getting nowhere, and now folks are saying the president is trying to entice us of the fiscal cliff. >> look, i think they're actual some pretty strong incentives for the president to take the country over the fiscal cliff. if you look at what the president's stance to gain if the country goes over the fiscal cliff, there are very clear and identifiable things. on the one hand the president could identify himself as a tax cutter. he could say -- on january 1st the president in terms of the country and say, now in favor of cutting these taxes that have been raised because we did not solve this before the fiscal cliff. he can turn and say to my want to restore some of this funding that my secretary of defense and joint chiefs of staff told me i need to restore and can position himself as sort of the protector of u.s. national security. so there are some clear incent
FOX Business
Dec 10, 2012 4:00pm EST
to be any closer to a resolution on the fiscal cliff even though many are warning that the economy could face dire consequences if there is no agreement but one strategist says, why are you worrying about december 31st? that deadline isn't even the real fiscal cliff. david: that strategist is none other than peter schiff, ceo of europacific precious metals. friend of the show. peter, although i wish it was under better circumstances. you say the real cliff coming is bigger han the housing mess, bigger than the housing crisis we went through. it's the bond mess. specifically when the fed stops printing money to buy up treasurys all hell will break loose, right? >> well, and if it continues to print money it will be a bigger hell. if we avoid the fiscal cliff we end up throwing the dollar over the currency cliff because we send a message to the world america will never pay its bills. we'll keep borrowing money until the creditors cut us off. that is when interest rates skyrocket. the pressure on the fed and if the fed caves in to buy up all the bonds nobody wants we destroy the dollar. th
CNBC
Dec 10, 2012 1:00pm EST
covering the economy and fiscal cliff negotiations. we will have it live for you when it happens after the top of the hour on "street signs." i think that's why the mark set stuck right now. we were up about 30 point. we lot of a little p. we are up 17 now. s&p 500 is up a half point. in terms of the nasdaq, we are up just about 7 point. steve grasso is with us. what does the market want it hear from the president at 2:00? >> they want to hear a deal is close to booeb beieing done. fund managers don't want to take a leg and step into the abyss of the fiscal cliff. >> absolutely. we heard a short term patch is not going to avoid us from another drown grade. if you are a fund manager, do you punt in december? i think not. you wait. >> does downgrade matter? >> you did see the collapse in the market because the market always is a good lead time for you. so leading indicator. . the best leading indicator is the s&p 500 so we have seen just sitting here in no man's land. >> it is as flat as my ekg. >> god for bid. >> yeah. >> normally, might well be a big topic. >> did you say anything? >>
FOX Business
Dec 10, 2012 6:00pm EST
. the mortgage deduction pieces per the fiscal cliff could throw a short-term wrinkle in there. domestic energy is a huge boom in the economy right now. there are some bright spots. the problem is to add them all up and it still does not come anywhere near what the consumer represents in the economy. i don't think it will be a drag on the economy for the ongoing deleveraging still necessary, income growthhfairly weak relatively slow job recovery, that these of the economy is still likely to be slow growth mode. tracy: a fiscal cliff is a drag on confidence whether you understand the implications of it or not, just hearing it is enough to make you want to hide under your pillow, right? what is your thought on this? consumers have not so much been whistling past the graveyard on the issue, only more recently, to the realization of what this could possibly mean for them ant also some positive to focus on which his housing and gasoline prices. businesses have been dealing with the uncertainty factor for many months now. the only potential good news is we might have front end loaded the business sid
ABC
Dec 9, 2012 11:00pm PST
to make a difference. >>- q. i and avoiding the -- >> and avoiding the fiscal cliff. the latest meeting to shore up the economy. and what is in a name? the east bay chant fighting to keep things the way they are. we will be right back. >>> good evening. i'm ama dates. in tonight's headlines two people were found tied nupt middle of the street in san francisco's visitation valley. police tell us one was shot in the face. both victims were rushed to san francisco general hospital. also in san francisco, occupants of a stalled car managed to get out before a cal train smashed into the vehicle. the collision on 16th street near seventh stopped service for a short amount of time. >>> the search suspended for a missing 77-year-old fair oaks man. philip maddingly was last seen on his tug boat late saturday evening while restoring a world war ii vessel. officials believe he may have fallen into the water. >>> we are learning more about a one-on-one meeting at the whoit house today between john baner and the president. with just 23 days to go, are they any closer to a decision to prevent the fis
ABC
Dec 10, 2012 2:00am PST
and avoiding the -- >> and avoiding the fiscal cliff. the latest meeting to shore up the economy. and what is in a name? the east bay chant fighting to keep things the way they are. we will be right back. >>> good evening. i'm ama dates. in tonight's headlines two people were found tied nupt middle of the street in san francisco's visitation valley. police tell us one was shot in the face. both victims were rushed to san francisco general hospital. also in san francisco, occupants of a stalled car managed to get out before a cal train smashed into the vehicle. the collision on 16th street near seventh stopped service for a short amount of time. >>> the search suspended for a missing 77-year-old fair oaks man. philip maddingly was last seen on his tug boat late saturday evening while restoring a world war ii vessel. officials believe he may have fallen into the water. >>> we are learning more about a one-on-one meeting at the whoit house today between john baner and the president. with just 23 days to go, are they any closer to a decision to prevent the fiscal cliff. >> for the first time i
PBS
Dec 10, 2012 3:00pm PST
't be happy about it. >> reporter: as lawmakers rush to rescue the economy from the fiscal cliff emergency, they have focused -- as have we thus far -- on itemized deductions. but when it comes to tax breaks or preferences, says robert... >> not just deductions. it includes things like exclusion from income, the biggest one of which is the we don't tax you on the premiums your employer pays for the health insurance we get. much bigger than anything on the deduction side. it's not the only exclusion we have. the exclusion of all the contributions to the retirement plans, your 401(k), your irks r.a., also very, very large. >> reporter: we're not going to start counting as income the money that our employer puts in for our medical insurance, are we? or for that matter, we're not going to get rid of the exclusion for putting money into a 401(k) to deaver taxation but encourage us to save more. >> it's pretty unlikely we'll count all of that income. we're already scheduled to count some of the premiums paid your employers. in 2018 the obama care will start taxing the very highest premiums, the
CBS
Dec 10, 2012 4:00am PST
to address the country's debt, the deficit, and the fiscal cliff and quickly to avoid the uncertainty from affecting the global economy. she suggested a balanced approach, increasing revenue, while also cutting spending. >>> a new survey shows pay for private college prnts continues to climb. they studied data from 2010. it shows medial compensation rose to about $400,000, up nearly 3%. >>> and james bond's fought his way back to the top of the box office. "skyfall" made $11 million. "rise of the guardian" finished a close second with $10.5 million, and in third place, "twilight saga:breaking dawn" part twoer and $9.2 million. i've got to go see that animated christmas film. >> you and jack, that would be a good thing to do. >> "skyfall" kind of going nowhere and then jump back on top, that's kind of a strange move. >> that's james bond. that's no surprise. >> ashley morrison in new york. thanks, ashley. >>> hundreds said their "i dos" sunday. about 150 same-sex couples exchanged vows at seattle city hall. officiating judges who donated their time helped. some after waiting deindicates. >>
FOX Business
Dec 10, 2012 3:00pm EST
to see in the u.s. economy. liz: are we wasting too much time on fiscal cliff discussion and the potential effect on our money, should we not be focusing on these other issues and somehow bulletproof our investments as it pertains to each one of these concerns. we talk about doubling up. >> we should make pay more attention to europe. the attention we're paying to the fiscal cliff is not actually productive. in fact, it is leading to polarization of positions that have to be negotiated in private, and the lesson here from washington, the better i like the fiscal cliff. liz: the talks were secret today. >> might notice the financial markets are not actually very volatile in response to the special fiscal cliff. we should let it go. -@something will be resolved evn if it is only postponement, which i suppose sinc into the mt likely outcome. liz: talk mother three hidden risks bubbling up. we'll put the him on the facebok page. thank you, it is an honor to have you here. do you have a facebook page? >> the volatility institute. >> one of her students will help you put togeth
FOX
Dec 9, 2012 4:00pm PST
: president obama, drawing a link between the fiscal cliff talks and a still slow economic recovery, and we're back now with the panel. well, we got the new jobs numbers friday. let's put them on the screen. unemployment dropped from 7.9 to 7.7%, the economy created 146,000 new jobs. kim, yes, continuing a recovery but not a roaring recovery. does it help one side more than the other in the negotiations over the fiscal cliff. >> they will both have talking points. the president will come out and say, look we're recovering and making our progress and therefore the economy is okay to have these tax hikes levied on it and republicans will say it is too weak to play guinea pig with the economy and you shouldn't be making this experimentation, the job numbers are not strong and politics aside, presidents with a second term their most lasting legacy is their stewardship of the economy and it is astonishing, given how weak the economy is, you can got out and impose new taxes, whatever will come, in he's wrong and it has an effect it will be hard for us to dig out of that in the end. >> chris: juan
PBS
Dec 9, 2012 6:00pm PST
.7%, the economy adding 146,000 jobs in november. we want to keep that in mind as we head towards the fiscal cliff. only four in 10 americans expect the white house and congress to reach a deal on the cliff before the first of the year, and if this goes south, a 53% of the american people are prepared to blame republicans. the president's job approval rating is well over 50%. congress' approval rating is under 20%. why what a the president back down? >> the president isn't interested in a balanced agreement, not particularly interested in avoiding a fiscal cliff, and clearly not been tested at all in cutting and spending. >> the senate minority leader says that what the president is interested in is getting as much taxpayer money has he can so that he can spend to his heart's content. with his approval ratings going up and congress' numbers at historic lows and the unemployment rate dropping, why with the president back down? charles? >> to some extent he is under estimating the damage she will suffer if -- he suffer if we go over the cliff. it will hurt the republicans in congress, which is why d
CNBC
Dec 10, 2012 4:00am EST
if the economy goes over the fiscal cliff. now joining me on krn, jim cash. good morning and thanks for joining us. >> good morning. thank you. >> tell us a little bit about the results of this survey which indicate that companies have been reacting to the fiscal cliff by pulling back on spending or hiring. why haven't we seen that show up in the jobs report? is there a concern that we might see more of a pullback into next year? >> i think that's exactly what this survey is saying. about 50% have already taken some action. i think companies right now are waiting to see what's going to happen and it really comes down to two major issues. if we can get this fiscal cliff issue resolved, then we are looking at a pretty optimismic outlook from our members. but if we don't get the fiscal cliff, almost 60% said they'll be looking at cutting jobs and/or layoffs. >> cfos are notoriously less sang win than ceos. it's not particularly surprising that this group is expressing some contingency plans. but on average, they expect the u.s. to add of a million jobs next year. so kind of a divide here between t
CNN
Dec 10, 2012 9:00am PST
dice sell truck engines. he's going to talk about the economy and fiscal cliff within the hour. we'll go to that live. >>> first to florida. that's where we learn new details about a long running mystery. in the town marianna and they have found more grave sites on the grounds a school that closed last century. nobody knows how many boys may be buried there and what abuse he suffer the at that school. ed lavandera spent years investigating the story, and he has the details. >> a mystery haunting the ground of this now defunct school for boys in marianna involving teenage boys sent here decades ago, some never seen again. in recent years former students in "twilight" years have come forward with horrific stories of punishing aaabuse doled out by school leaders and friends that vanished, stories told by cnn. they accused former school leaders of beatings, sexual abuse and even murder. which brings us to this cemetery on the school's grounds. the bodies of 31 boys are buried here. florida authorities claim they know how all the boys died, some killed in a fire and symptom in a flu epi
FOX News
Dec 9, 2012 11:00pm PST
in our economy over the next several months. >> chris: president obama drawing a link between the fiscal cliff talks and a still slow economic recovery. we're back with the panel. we got the new jobs numbers friday. let's put them on the screen. unemployment dropped from 7.9 to 7.7%. the economy created 146,000 new jobs. kim, yes, continuing recovery but not a roaring recovery. does that help one side more than the other? >> they'll both have talking points. the president will say we're recovering, making progress like i said and therefore the economy is okay to have these tax hikes levied. republicans will say it's too weak for us to play a guinea pig with the economy. i think what is relevant about the job numbers is they're not strung. politics aside, presidents when they have a second term we know their lasting legacy is their stewardship of the economy. it's astonishing this president thinks given how weak the economy is that you can go out just impose new taxes, whatever that may come. if he's wrong and it has an effect, it's going to be hard to dig out of that. >> juan, 23 days an
FOX
Dec 10, 2012 7:00am PST
a cautious approach with the economy and looming fiscal cliff and the surprise announcement that italy's prime minister is going to resign. that's putting stress on europe's efforts to get control of the its crisis. >>> there are new and serious problems with apple maps on the iphone. police in mildora, australia say they've been having to rescue people because apple maps say it is located in a national park 40 miles away. some drivers have been stranded in the park without food or water while looking for mildura. others have had to walk through temperatures of 150 degrees. apple has promised to fix the app. >>> this big rig fire -- the big rick burst into flames early this morning -- big rig burst into flames early this morning. it happened in san leandro after the truck ran into power lines. two people were in the truck, they escaped safely, thanks to the quick thicking of the driver who happened to have been a volunteer firefighter. >>> a man and woman were found bound and gagged in a san francisco street. that man has since died. the two were tied -- found tied up on mansel street
ABC
Dec 10, 2012 2:05am EST
the economy from going over the fiscal cliff. >> all right. then crunch time. we all have the nfl week 14 action. as the the playoff picture starts to come more into focus. >> big, big football weekend right. >>> later, up for auction, a classic piece of casablanca's rich history is being sold 70 years later. i love that story! >> that's a great movie. first, family and friend mourning the loss of jenni rivera, a superstar of latin music. >> the so-called diva rivera had finished a concert and was on the way to another when her small plane crashed. abc's larry jacobs as the story. ♪ >> reporter: bewilderment and sense of loss among jenni rivera's fans in the los angeles area following news of the singer's plane crash in mexico. >> i think pretty devastate ford a lot of people. >> reporter: the mexican-american singing superstar was traveling in a jet early sunday morning when co comptrollers lost contract. mexican official say they have found the wreckage but no survivors. >> right now it is confirmed the plane went down. the plane is totaled. it's, nobody inside survived. >> reporter:
CNN
Dec 10, 2012 1:00pm PST
. that depends on what happens in the world economy. there are two things happening. one is the fiscal cliff. and the recession in europe. if things continue to slow down economically, we'll see less demand for gasoline. if there's more tension in the middle east, we'll see higher prices for oil. those are two things that could affect the price of oil, which will affect the price of gasoline. one thing to remember, that over the last ten years or so, wolf, demand for gasoline has started to drop off, as cars have become more efficient and as we've become better conservers. you'll probably see the price of gasoline head up again in the interim but for the time being you're probably looking at lower gas prices, wolf. >> we'll take it, no one's complaining obviously. thanks very much. >>> a u.s. navy s.e.a.l. rescue in afghanistan turns tragic. we have details on the member of that elite s.e.a.l. team killed while saving an american held captive. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the
CNBC
Dec 10, 2012 3:00pm EST
insurance. group's founder it is not the fiscal cliff that's the biggest threat tho the markets right now. it's the overwhelming amount of speculation. >> he says it's crowding out long-term investment and doing damage not just to the economy and the markets but to society as a whole. he joins us now. we're always pleased to welcome back into this cnbc exclusive to talk about it, mr. jack bogle. the founder of the vanguard group, author, all those good things out there. welcome back, my friend. >> thank you, bill. thank you very much. and hi, mandy. >> hi there. >> speculation. let's talk about that and the role it has played. you know, the s.e.c. would like and some of the portions of dodd frank would like to get rid of proprietary trading and some of that has gone away, but you still have the fast-moving trades that hit the streets these days. is that what you're talking about? the hyperfast trading that goes on? >> that's a big part of it, bill, but it's not all. when you think about our financial system and i think we talked a bit about this before. the role as the financial side of o
Current
Dec 10, 2012 2:00pm PST
involved in this debate over the fiscal cliff now? what steak did they have in this? >> we think we are one of the last remaining organizedd forces in the economy that fight to invest that revenue and get the people back to work. because the private sector by itself is not generating the millions of more jobs. so it's about jobs and making sure we do not cut vital services to the people desperately need them. it's not just about the services, but it's also about stabilizing the employment of people in the healthcare and social security sector. so we have got to get back to work and protect services. that's why we think it's incumbent on us to have this fight as well. >> thank you for your time thank you for your time. next any time a right to work battle props up the meddling koch brothers are sure to pop up. and from cory booker to ted cruz to hillary clinton it seems the most interesting head figures these days are drank the kool-aid. and we'll give you a few gift ideas to help bury the hatchet. ♪ >>> it's not just governor snyder and michigan republican
CBS
Dec 10, 2012 7:00am PST
asked general electric chairman and ceo jeff immelt for his thoughts on the looming fiscal cliff and the impact it could have on the u.s. economy. >> i'd make a couple comments. we've got to get this done now. not there are people who write and go on news shows and say we can let it lapse two weeks. that is specifically not true. we need this to get resolved now. not because because jim mcnerney will say it or jeff immelt will say it, but the millions who work for us, their lives are in flux. this is incredibly credible that we get it done now. we need revenue. everybody knows we need revenue. >> i think the president is right in asking for more revenue and therefore not extending the bush tax cuts to those with more than $250,000. >> bowles-simpson, there's not been one commission that says we can do this just on spending cuts. there has to be revenue. i think speaker boehner is the only guy that can lead us in that. >> that means you've got to take the republicans from the house of representatives and make the deal. >> and i trust that he could do it. >> we'll have more of that
CNBC
Dec 10, 2012 9:00am EST
everything from the consumer to the holiday season and the economy and the fiscal cliff. as we go to break, here's a look at five of the coolest tupperware party themes. the lawn chair party, the tupperritaville party, the bag lady bash. >> tupperrita ville party, that's up your alley. >> and the pms party, as in popcorn, mini tupperware and sodas. >> no walking dead party. >> i'm sure that's somewhere. just for your weekend planning. we'll be right back. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> okay. here we are for the holiday season in full swing. i've known this ceo for a long time. the pulse on the retail consumer worldwide, joining us for the squawk is rick goings, chairman, ceo of tupperware brands. okay, rick, i'm reading "the new york
MSNBC
Dec 10, 2012 2:30am PST
drive this economy into another recession, a recession the republicans will own. >> a white house aid says they have kept the press's schedule open as you would expect. >>> despite these contentious fiscal cliff negotiations there's one thing democrats and republicans can agree on. as of today hillary clinton would be an unstoppable candidate if she runs for president in 2016. even former speaker newt gingrich was praising the secretary of state yesterday on "meet the press." he worries that the republican party won't stand a chance if clinton makes another run for president. >> she's a very formidable as a person and is a very confident person. she is married to the most popular democrat in the country. they both think it would be good for her to be president. that makes it virtually impossible to stop her for the nomination i think, and i thought she was frankly going to be a nominee in '08. every republican should be focused on what we're talking about. if their competitor in '16 is going to be hillary clinton and supported by bill clinton and barack obama, trying to win that will
FOX News
Dec 10, 2012 6:00am PST
happens with the fiscal cliff. that is coming. what it will cost you. bill: hello, old man winter. he is out there and he is acoming. a major blizzard raging across the midwest bringing record levels of snow. it is de10th, right? martha: it is time. bill: so who is next? ♪ . martha: old man winter, a major storm is pounding parts of the upper midwest, unleashing record levels of snowfall. that's a lot out there. high winds, frigid air. minnesota of course very used to this kind of weather this time of year but even this is really out of the ordinary. reporter tom halden with our minneapolis affiliate ksft. he is driving, i don't know if i recommend that. there he is. he is out of the car. how bad is it out there? >> reporter: well, martha, it is really cold. we have been driving around the twin city roads this morning. we've been streaming and thought, you know what? it is 12 degrees. we have a full foot of snow on the ground. the kids are out of school, a lot of them, why not hop out of the car and let you guys know that winter finally arrived here. you know what? this is normal ki
FOX Business
Dec 10, 2012 9:20am EST
. christine lagarde warned that the american economy won't grow next year without a deal on the fiscal cliff. listen to this. >> my view personally is that the best way to go forward is to have a balanced approach at that takes into account both increasing the revenue, which means, you know, either raising tax or creating new sources of revenue. and cutting spending as well. >> very interesting. europe is deep, deep in a financial crisis and ms. lagarde, who heals from tax the rich, 75% france is lecturing america, very interesting. >> meanwhile, european markets are down and because the italian prime minister mario monti m a surprise. is going to resign. and silvio berlusconi wants to replace him. europe is appalled. and people blaming the recession for not having more children. 64 births for one thousand women of child bearing age. half of the peak of the baby boom in the 1950's. our next guest has six children, counts them. and what's that-- >> and naham segal. that works. >> have i got that word? >> and light tte candles. >> if you light them i will come. >> you have six children. >> as
CSPAN
Dec 10, 2012 8:30am EST
at when they look at the entirety of the fiscal cliff, and they have determined that this could drive the economy into negative for story, meaning back into a recession. that's the last thing we want to see. along the lines of growth, we need to be sure that we're not doing something here short term that puts the economy back in a position where we're not generating the kind of revenue because of the lack of growth to be able to deal with these issues and to be able to get these unemployment numbers down. in my view, this recovery is not your father's recovery, it's different in kind. it's different than any recovery we've had in this country. if you look at even the recovery in 2001 to 2003, that time period, recall we called it then the jobless recovery. and yet by this time in that recovery we'd already brought back 2.6 million jobs. so at this point after the recession began, 2.6 million jobs had returned. and that was considered jobless. if you look back at the recovery after the 1980 and '81 recession which was a recession that was also deep, in fact, unemployment was higher tha
FOX Business
Dec 10, 2012 1:00pm EST
for lack of a deal to avoid the fiscal cliff? >> i think so. if we look at business investments declining in the third quarter, some as business nervousness. businesses are holding back on investment, near-term. lori: do agree the fittest and all they all they can in expecting an announcement of wanted it using three this week? the fed cannot solve this problem. >> they need to avoid most of the spending cuts and tax increases with economy likely to go under recession. the fed can help out somewhat but if we see those spending cuts and tax increases, we're likely to see it go back and ino recession. lori: purchasing the short-term, we invest in the long-term help in the mortgage market. we have seen a real those haitian, is it fair to say it has helped those housing in the economy? >> absolutely. housing prices are start to increase. buying long-term treasuries, buy mortgage-backed securities to help push down mortgage rates, affordability is incredibly kind giving low mortgage rates and the big price declines we've seen since the housing bubble burst in the fed's efforts really help with
CNBC
Dec 10, 2012 6:00am EST
, president obama and house speaker boehner spending a sunday together to talk about the fiscal cliff. no word on any progress and the president will be in detroit today to speak about the economy. joining us right now is cnbc's chief washington correspondent john harwood. john, you had a great column over the weekend in the in, times whether you took a look back at what happened in 1990 where things were set up for a grit debate but maybe things were easier at that point because you didn't have the 24-hour news cycle. you had other things that made it easier the last time around. what does that lead us to think this time around? >> well, there are ways in which it was more difficult, as you just alluded to, becky. but there are a lot of similarities, too. there are warnings that the economy is going to take a huge hit if a multi year budget deal was not enacted. you had a republican party led by a president who had made a no tax pledge and who was trying to figure out a way out of that. when he finally did that, that's when the negotiations took on a faster pace. and i do think here the fact
CSPAN
Dec 10, 2012 12:00pm EST
an economy. it was proven over and over again. that is the model for this fiscal cliff discussion, making both the cuts and the reforms that are real and credible and politically difficult to reverse. that is the only signal we can send. it is the right signal to send to investors that we're serious about getting our financial house in order. chairman, thank you. this is your last committee meeting and you will be missed. >> going back to the analogy of the avalanche, when we had the subprime crisis, and there was no warning. likewise, we did have the same type of avalanche come tomorrow. there is no more confidence, nobody buys are debt. we would have increased interest rates and huge economic problem. we have two things in front of us. not only the fiscal slope, but also the debt ceiling. treasury estimates at the end -- we have until the end of february. in solving it, would be better to put the debt ceiling in the package with the fiscal slope for a comprehensive solution? or would it be better to do them separately? >> they should be done together. this will not work if we break this
CNN
Dec 10, 2012 6:00am PST
a deal on the fiscal cliff or else automatic spending cuts and tax hikes will kick in and with the fiscal cliff looming, our consumers feeling at all concerned? christine romans joins us now from new york with that. good morning, christine. >> good morning, ted. first, let me tell you what's going right in the economy for consumers. there's a whole host of things. the job markets, 7.7% unemployment, the lowest in four years. you've got the housing market showing signs of recovery. rising home values in much of the country. gas prices, did you notice? they're down 46 cents over the past couple of months. they're expected to keep going lower and the dow is up 20 points now. the dow is above 1,300 and the s&p 500 is up 12% this year. so, what could go wrong? fiscal cliff. this is something weighing op consumer sentiment and we're starting to see it in the weekly -- look at this -- 39% said it would affect it some. they don't seem to have much faith in congress to fix it and any time except 11th hour and maybe a week into the new year and there's this payroll tax holiday that most people have
FOX Business
Dec 10, 2012 11:00am EST
to you and wait to see it. connell: to that point, if you are right about that, and the fiscal cliff does give push forward in some form again, if it is not may be priced in, the market may have a little bit of room to rally on it. if you look at the economy, it is actually doing okay. i think those things go away if we get a deal. i don't think that is priced in at all. connell: great to have you on. thank you for joining us today. >> my pleasure. dagen: a stock alert for you. it could be a record-setting day at fedex. this could be the busiest day in the company's history. they have about 300,000 permanent workers worldwide. they add an additional 20,000 workers for the seasonal work. it is up 1%. goldman sachs, speaking of the economy: even in the firm's baseline forecast, you can expect economic slowdown in early 2013. things will be even worse if washington cannot cut a deal. financial conditions will very likely be cliff like, early january. connell: stick around for the story coming out of australia. the police there are warning drivers that a problem with apple maps can actually
CNN
Dec 10, 2012 2:00am PST
the fiscal cliff in the united states. >> mario monte, called supermario in the eu. he has announced an early resignation. markets down. and japan is technically in a recession, the world's third largest economy. took a look at numbers and japan technically recession. the mood dour around the world. the fed this week, fed meeting two-day fed meeting, ben bernanke and federal reserve officials, will they announce a new federal stimulus? a lot of reasons to be on guard. "the wall street journal" front page, the wobbling consumer. friday, more data about the consumer. consumer spending, consume err sentiment. jobs growing, not so robustly. you have the consumer angle, and another reason why confidence is weakening, the deadline. the fiscal cliff for companies, small businesses really december 14th. december 14th? what are you talking about? >> think about when you get paid. when does your paycheck come? they have to start changing payroll processes now for january 1st of next year. software, they've got they don't even know what your tax withholding rates are going to be. the american payroll as
Search Results 0 to 49 of about 50 (some duplicates have been removed)